Jake T

TAT Technologies: Assets Are Looking Good

Hi Reyer,
I agree, they seem to have value as a going concern above liquidation (positive EBIT for last 9 years!).
I'm not so much worried about them going out of business as I am falling prey to a take-under or some other shenanigans. Maybe I'm just a novice, but the organization and ownership described in the 20F of the various companies orbiting TATTF are pretty confusing. Buffett says that if you can't understand a 10k, it's because management doesn't want you to. I haven't dug deep enough yet to make a judgment either way, but until then, it's staying in my "too hard pile".
Best,
Jake